• What is the role of price in an organization's marketing plan? 1. Profit 2. Sales 3. Market share 4. Survival 5. Social Responsibility
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- 1. what is value pricing2. Why did AA introduce it and what results did it expect from this plan? 3. How are consumers likely to react to these changes4. What is the likely reaction of competitors? In the face of a likely competitive reaction, what should AA do?1. Illustrate how to calculate a breakeven point in terms of units and dollars using total fixed costs and variable costs in your calculation. 2. Which introductory pricing strategies have you noticed when you shop? 3. Illustrate two different pricing approaches that businesses use. 4. Which forecasting method would be most accurate for forecasting sales of hair-care products in the next year? How would your answer change if you were forecasting for the next month? For home appliances? 5. What is the most important part of a marketing audit? Why? What is the least important part? Why?How might Food Network and Kohl’s use product-line pricing toexpand their partnered offerings?
- Only typing answer 3. IKEA has been apractitioner of value pricing (i.e., win loyal customers by charging a fairly low price for a high-quality offering). Visit the IKEA website. Does the website enhance the firm’s ability to continue with value pricing? Is value pricing just a matter of simply lowering prices? Describe viable target markets for IKEA. Has IKEA changed the way people shop for furniture? Explain21) Which of the following statements is not correct about pricing and prices? Select one: a. It is the sum of all the values that customers sacrifice to get beoefits of having a product. b.itis the amount of money charged for a product or a service c. itis the only element in the marketing mix that produces revenuer all other elemests represent cost. d. itis one of the least important elements that determine a firm's mariket share and protitabilitya. What is meant by Marketing Mix b.What is infrastructural arrangement for Sales & Marketing c. Explain the Pricing strategies in S&M. Solve for me all
- PRICING STRATEGY 1. How do sellers will give satisfaction to buyers? 2. What will be the buyers can give to sellers in return? 3. How will the buyer and seller relationship exist or maintain?Q5 define offer and explain all its essentials?Solve full All accurate with no ai detection. Why sales department is important for an organization? What is swot analysis, explain in details. What is meant by Marketing Mix What is infrastructural arrangement for Sales & Marketing? Explain the Pricing strategies in S&M. Explain the product attributes. How sales helps to increase the revenues. Simple words
- Demonstrate the steps to solve this question: Advanced Electronics manufactures DVDs and sells them directly to retailers who typically sell them for $20. Retailers take a 40 percent margin based on the retail selling price. Advanced’s cost information is as follows:DVD package and disc €2.50/DVDRoyalties €2.25/DVDAdvertising and promotion €500,000Overhead €200,000 Calculate the break-even volume in DVD units and euros.1. Explain how functional strategies can support an organization's corporate strategy. 2. Explain the new real-options approach used in conditions of high environmental uncertainty. 3. What are the reasons for strategic planners to pay more attention to the importance of planning and implementing an effective pricing strategy in a competitive market?1. How do wholesalers and retailers set their prices by using markups? 2. What is average-cost pricing? What are the six types of costs involved? Give examples. 3. How to use break-even analysis to evaluate possible prices? 4. What are the many ways that price setters use demand estimates in their pricing?